UFlex Blog - Flexible Packaging Industry in India

  Fresca’s most-awaited holographic aseptic packs are all set to dazzle retail shelves. Fresca is one of the leading and fastest growing Juice Brands of India. The company has three manufacturing facilities with a strong presence in more than 10 to 12 states of India. Fresca officially launch’s India’s first Holographic Pack in 200ml Tropical Mix and Guava Premium Juice category. Therefore, this festive season consumer will get to hold on to a new packaging to share with their close ones. Akhil Gupta, Managing Director, Fresca; commented on the launch, “We believe this is the ideal time to launch when people are always on a look out for something new and appealing for gifting. With the help of Uflex’s brand Asepto we are able to revitalize the consumer experience in the sparkling Holographic packs of Fresca’s 200ml Tropical Mix Premium and Guava Premium; the packaging not only serves as marketing differentiator at the retail standpoint but also takes care of the key component for s...

  Jim Callari Editorial Director, Plastics Technology With six plants in four continents, Flex Films’ strategy is to offer highly customized, ‘holistic’ solutions in BOPET, BOPP, and specialized films and coatings. The global film manufacturing arm of Uflex Ltd., India’s largest multinational flexible packaging company, Flex Films has set up shop in North America with an eye toward expansion. With the opening of a greenfield plant in Elizabethtown, Ken. In 2013, the firm has state-of-the-art film manufacturing facilities in Asia, Europe, North America and Africa with cumulative production capacity in excess of 337,000 metric tons/yr. Flex Films has been selling in the U.S. since the mid-1990s, first out of Charlotte, then Houston. It’s 180,000 ft² plant in Kentucky houses an 8.7-meter line producing biaxially oriented PET (BOPET), as well as systems for metallizing and coating. The facility can room for four more lines, says Anantshree Chaturverdi, Flex Films’ vice chairman and CEO...

  Sky is the limit for being innovative. Any application will be welcomed if it holds merit for potential customers. With encouraging response from the market already, ASEPTO – the aseptic liquid packaging brand from the house of Uflex Limited – India’s largest multinational flexible packaging materials and Solution Company will test waters for its holographic applications in aseptic liquid packaging by participating in Propak China exhibition from 11–13 July 2018 in Shanghai. ASEPTO will be on exhibit at Hall Number – N 1; Stall Number – 1NO1. Talking about the potential that the brand beholds, Mr. Ashwani Kumar Sharma, President and CEO of New Business Initiatives, Uflex Limited,said, “This show, considered to be the carnival of processing and packaging technology industry will help us showcase ASEPTO’s holographic excellence in the untapped Chinese packaging market. We want to make a dent in the market by reaping the first-mover advantage.” Read More

  Flexfresh, the special patented film that Uflex Limited has developed comprising a proprietary polymeric formula elongating the shelf life of flowers is serving to be a boon for Flower Companies across the globe. Flexfresh works on the principle of Active Modified Atmospheric Packaging (AMAP) and happens to be the first ever film for packing fresh produce that is bio-degradable by composting and complies with all international regulations for overall migration (EC 1935/2004), reach compliance (EC 1907/2006) and qualifies for biodegradation under DIN EN 13432 (2000-12). The packaging can be industrially composted within 180 days. Read More

FLEXMETPROTECT™ is now placed under state of the art optical surface inspection technology and defect classification system that reveals and quantifies defects with the help of the newly launched Web Metalized Surface Inspection System. The system checks the entire web and allows for rapid and accurate detection of defects on the film. The Web Metalized Surface Inspection System is located in a strategic part of the slitting process just near to the winding roll comprised of smart, line-scan cameras that can analyze 100% of the web for defects in real time. Speaking about the Inspection system, Mr. Deepak Mehta, Technical Manager at Flex Films (USA) Inc. said, “The Web Metalized Surface Inspection System will address any defect related to metal deposition such as the areas with high defect density or those having Periodic defect or the ones with Continuous defect and even Contamination. The system measures and records the data in real time at very high web speed, generating a comprehen...

  India’s largest multinational flexible packaging materials and solution company Uflex Limited has declared the earnings for the Quarter ended 30 June 2018. The company has been maintaining a sustained growth curve and achieved the Consolidated Income for the quarter ended 30th June 2018 of Rs. 1912 crores as against Rs. 1627 crore for the same period last year, thus registering a growth of 17.5%. The consolidated EBITDA for the quarter ended 30th June, 2018 has been higher at Rs. 255 crore as against Rs. 237 crore for the same period last year up by 7.9%, and as against Rs. 229 crore for the quarter Jan-March 2018, up 11.3%. The profit after tax for the quarter ended 30th June 2018 is also higher at Rs. 94 crore. Talking about the numbers for the Q1 FY 2018-19, Mr. Rajesh Bhatia, Global CFO, Uflex Limited said, “Buoyed by the highest ever quarterly production & sales volumes, Uflex achieved Revenue growth of 17.5% in Q1 FY 18-19 over Q1 FY 17-18, thus registering highest ever...

  ISO 31000:2018, Risk management guidelines provides principles, framework and a process for managing risk. The assessment of the Risk Management ISO 31000:2018 was carried out by DNV¬-GL. Voicing his pleasure over this development, Rajesh Bhasin, Business Head, Chemicals at Uflex Limited said, “In this rapidly changing world, businesses are continuously exposed to newer risks and in order to deliver committed business objectives to stake holders, we ensure that all current and future material risk exposures are identified, assessed, mitigated, monitored and reported.” Acknowledging Team Chemicals effort at this outstanding achievement, Mr. Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited said, “This framework helps not only improve our competence to deal with forthcoming challenges but also embeds it in our business management philosophy, thereby increasing the operational efficiency and delivery of overall objectives of the company.” TAGS: ASHOK CHATURVEDI, FLEX...

  In a big boost to Uflex’s commitment towards innovation and sustainability, our Holography business has developed premium Lens Transfer Paper/Paperboard for carton packaging, with the novel use of different technologies of Fresnel Lens. The dominance of registered printing on the exclusive lens carton provides a premium 3D effect and has transformed the appearance of the product, both in terms of aesthetic value and brand protection. Commenting about this innovation, G P Pathak – Vice President of Holography Business at Uflex Limited said, “At Uflex Holography, we don’t accept status quo. Our work delivers new goodness to our customers in a way that radically improves the profitability equation and the brand as well. The unique feature about this product is that there is no film attached to the paperboard. In fact, it is a direct impression on the carton / paperboard, saving hugely on the lamination cost for the customer. Moreover, this revolutionary packaging appearance is diffi...

  Flex Films, the global film manufacturing arm of Uflex, has launched two new state-of-the-art BOPET Films, at its manufacturing centre in Kentucky, U.S.A. FlexFilms Launches Two New Advanced BOPET Film An Aluminum Foil Replacement Metallized High-Barrier BOPET Film FLEXMETPROTECT™ F-HBP-M A Puncture Resistant, Nylon Replacement BOPET Film FLEXPET™ F-HPF 1.FLEXMETPROTECT™ F-HBP-M: An Aluminum Foil Replacement Metallized High-Barrier BOPET Film FLEXMETPROTECT™ F-HBP-M is a metalized biaxially oriented polyester (BOPET) film with a superior gas barrier that offers high moisture and oxygen barrier for virtually all applications including Aluminium foil replacement. High barrier comes from patented BOPET film technology, with high optical density specifically suitable for most flex pack product offerings. This film is 100% web inspected; using our advanced web metalized surface inspection system. Read More

  Emphasizing the need for recycling of multi layered plastic packaging as a sustainable solution for flexible packaging industry, Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited expressed his concrete views at Pack Vision 2018 hosted by Flexible Packaging Entrepreneurs’ Welfare Association recently. Flexible packaging, a 100 billion dollar industry, comprises the largest part of the total packaging industry growing at an average of 4.5 – 5 % globally. There is a great deal of misconception on plastic being the mere culprit to cause harm to the environment by choking the gutters, affecting the Marine life and harming the birds and animals which consume the littered plastics floating around both on the land and sea. Multi layered plastic packaging is 100% recyclable and consumes minimum amount of energy in the process as compared to glass jars and metallic containers which consume 20 times more energy and causes much more pollution while converting glass into glass...

The Chemicals Business of Uflex Ltd, a leading supplier of Inks, Adhesives and Speciality Coatings, has launched a new PU based NTNK ink series ‘Flexglide 1817’ for Alu Alu blister packing, for Pharma Industry. Alu Alu is an excellent multi-layered structure designed for packaging of extremely sensitive range of pharmaceutical and generic medicines, which are highly hygroscopic and light sensitive in nature, by providing better protection and prevention against UV rays. The Swiss Printing Inks Ordinance is a comprehensive piece of national legislation and standard for food packaging inks in Europe, regulating substances intended for use in printing inks that are not intended to come into direct contact with food. Flexglide 1817 complies with the requirements for Alu Alu packaging. It exhibits excellent adhesion and high bond strength. Being a low viscosity high flow ink system, it is ideal for reduction of solvent consumption on both high and low speed presses. Flexglide 1817 will be c...

  Nuremberg, Germany, Sept 25, 2018: Flex Films, the global film manufacturing arm of India’s largest multinational flexible packaging solutions company, Uflex, has launched first of its kind e-commerce website FLEX-BuzzR that will make available complete range of film offerings from its Poland plant to its European Union (EU) customers, at a click of a button. This uniquely designed B2B platform actually lives its tagline ‘Shop at Ease, Shop When You Please’! It was unveiled by Flex Films International Vice Chairman & CEO Anantshree Chaturvedi at the renowned European trade exhibition FachPack 2018 in Germany today. FLEX-BuzzR is intended to supplement Flex Films existing brick-and-mortar business model. The website not only offers its portfolio of films but also allows customers to browse product catalogue, find clear product descriptions, technical specification, its end applications, and also the best deals available. Eventually customers would have the option to create the...

  03 November 2018, Noida, Uttar Pradesh(India): India’s flexible packaging giant, Uflex Limited reported 10.6% increase in overall sales volume on year-on-year basis, thereby achieving highest ever consolidated net revenue of INR 2020.8 crore for the quarter ended 30 September 2018. The consolidated net revenues showed a jump of 26% from INR 1603.8 crore in the same quarter last fiscal. Uflex also achieved the highest ever quarterly total production volume of 102442 MT. The consolidated EBITDA for Q2FY18-19 increased by almost 12% Y-O-Y to INR 264.6 crore from INR 236.5 crore. The consolidated net profit for Q2FY18-19 at INR 95.7 crores was higher by 1.5% Y-OY. Commenting on the earnings, Rajesh Bhatia, Group CFO at Uflex Limited said, “In the flexible packaging industry, a reliable indicator of growth is volume which conspicuously reflects the demand of the company’s products. The overall sales volume grew by 10.4% to 79992 MT for Packaging Films and 11.6% to 21089 MT for Packagi...

  Unveils VYOM, a ground-breaking Concept BOPET Film & Latest Innovations in BOPET Products that’s set to Redefine the Polyester Industry. Chicago, USA, October 14, 2018: FlexFilms is scaling newer heights with VYOM, a revolutionary futuristic technology Concept BOPET Film, it is presenting for the very first time for its visitors and customers at Pack Expo being hosted in Chicago from October 14 – October 17, 2018. Flex Films Booth at Pack Expo is also showcasing a product portfolio of its latest innovations in BOPET Films – which range from high barrier films; more efficient films; and ones that are more sustainable too – all manufactured with its own proprietary technology. At the mecca of packaging industry Pack Expo, here is what industry professionals from around the world can witness at FlexFilms Booth #N-5767: 1) VYOM ( व्योम | v-yo-m) – The Centre stage at FlexFilms Booth at Pack Expo has been taken by a cutting edge Concept BOPET Film that uses an advanced proprietary...

  Now, more than ever, when the world is undergoing a global pandemic, safety and hygiene is of utmost importance. People are hesitant to visit supermarkets and local shops like they used to do earlier and are now buying everything online from various ecommerce sites. Online shopping is not just the new norm but the only option customers have. The buying pattern of customer is changing rapidly and with this, their expectation of safety standards is best met by the quality of packaging in which they are delivered at the doorsteps. Packaging the product in a way that it reaches the customer safe, sanitized and contactless has gained importance like never before. However conventional packaging that includes glass, bottles and tins suffer from the challenges of safe transportation, inconvenient storage, barrier properties and recycling. This is where Flexible packaging steps in and plays a big role. Flexible Packaging includes a combination of from packaging materials such as Packaging...

  December 03, 2018, Elizabethtown, Kentucky (USA): Flex Films, the global film manufacturing arm of Uflex, has been granted United States Patent covering entire categories of Formable Films that include one or more BOPET layers used in Alu Alu blister packaging. The patent US 10131122 was issued to Flex Films (USA) Inc on November 20, 2018 for a period of 20 years, lending a competitive advantage to the Films Business of the company over its opponents in cold formed pharmaceutical packaging industry. With the patent issuance, the company gets exclusive right of manufacturing & sale of this special BOPET film in US, Europe and India. This patent has a uniqueness of forming characteristic of BOPET film in Z direction during packaging application. With this innovation in pharma packaging and particularly for Alu-Alu blister laminate structure, BOPET film has completely replaced the carcinogenic PVC. When PVC is recycled or reprocessed, it releases poisonous gases like Dioxin ...

  December 19, 2018, Noida (India): Primary Packaging plays an important role in the pharma industry, where its purpose ranges beyond providing barrier protection to creating unique brand identity, brand protection and patient communication. The global pharma packaging industry is booming with modernization, courtesy several drivers in the technology innovation segment, with India being the hub of Pharma. At the recently held CPHI India in Greater Noida, a gathering of Pharma manufacturers and professionals from across the world, Indian flexible packaging giant Uflex steered the path of innovation by unveiling a portfolio of its latest products in pharma packaging – Fast Tear Strip Foil, PET based Cold Form Blister, Child Resistant & Senior Friendly Foil and Branding Solutions – for pharmaceutical companies. Read More

  January 09, 2019, Noida (India): Uflex was recognized with seven awards at the recently concluded SIES SOP STAR AWARDS 2018 for packaging innovation and product development. In its endeavor to support and encourage the packaging sector, The SIES School of Packaging announced the awards for excellence in packaging with emphasis on Innovation, Creativity, Development and New Concepts. The eminent jury members followed a strict judging criteria based on innovation & creativity, graphic design & improved aesthetics, user friendliness & new developments, thus recognizing the R&D efforts of Uflex in developing newer materials, forms, process, machinery and technology in the field of packaging. Read More

  January 21, 2019, Noida (India): Governor of Kentucky State in USA The Honourable Matt Bevin, yesterday paid a visit to the Noida Plant of Indian flexible packaging giant Uflex Ltd which is the home to FlexFilms’ plant situated in Elizabethtown, Kentucky. Welcomed by the senior leadership of the company, Governor Bevin was given an introduction about Uflex and its businesses following which he enjoyed a tour of the Film Business plant. Governor Bevin interacted with the team and gained insights into the manufacturing operations and technology. During the plant visit, Governor Matt Bevin stated, “Uflex has a significant presence in Kentucky through its Flex Films USA facility. Our visit to Uflex Ltd’s offices in India was beneficial at many levels. We were able to deepen our relationship with this prestigious company during our visit, and we look forward to helping Uflex expand their presence in Kentucky in the months and years ahead.” Read More

  07 February 2019, Noida, U.P (India): Uflex Ltd declared its earnings for the Quarter ended December 31, 2018 and reported consolidated net revenue of INR 1981.1 crore, a jump of 17.7% on Y-o-Y basis. The consolidated EBITDA for Q3 FY18-19 stood at INR 227.7 crore, showing an increase of 13.6% Y-O-Y while the consolidated net profit rose marginally by 3.8% Y-o-Y to 54 crore for Q3 FY19. Total Production Volume during the quarter was 96876 MT up 4.4% Y-o-Y and Total Sales Volume rose by 3.1% Y-o-Y to 94229 MT. Talking about the earnings, Rajesh Bhatia, Group CFO at Uflex Limited said, “The performance during this quarter is exceptional against the backdrop of huge volatility in crude oil prices. From a high of $84.94 on Oct 01 2018, the brent crude prices kept on falling consistently to $50.57 on Dec 28 2018, thereby registering a fall of over 40% during the quarter. Such a consistent steep fall often results in de-stocking by the customers to avoid inventory losses and still the ...

  February 11, 2019, Noida (India): Uflex stole the show with six awards at the recently held IFCA STAR AWARDS 2018 with special emphasis on Innovation, Graphics, Creativity, Branding and R&D. IFCA Star Awards is a prestigious award for the Flexible Packaging & Carton Packaging industries that provides the packaging sector with a platform to showcase innovative minds in the industry and recognize their continuous efforts through development of pioneering products and technology. Read More

  February 13, 2019, Noida: Continuing with its string of wins, Uflex Ltd has been recognized for innovative packaging in the category of Excellence in Packaging – Beverages (Large Enterprises) for Asepto Spark ‘Fresca’ at The Economic Times Polymers Awards 2019 held on Feb 12, 2019 at Mumbai. The company has won the award for Fresca packaging, the first holographic pack of the era. On receiving the award, Ashwani Kumar Sharma, President & CEO at Uflex Ltd, said, “The idea of our packaging innovation was to enhance the shelf appeal which was deprived in the printed cluster. Asepto Spark and Premium range filled that void and created a new horizon of packaging for brands to look forward to.” Uflex always inspired its customers to reimagine the packaging experience with Asepto’s Spark and Premium range. “We are committed to creating innovative products and solutions for our customers around the globe, as our packaging innovation offers endless possibilities. This award certainly ...

  February 28, 2019, Noida (India): IndiaPlast, the biggest plastics show in India was inaugurated today by Niti Aayog CEO Amitabh Kant in the presence of Arun Kumar Panda, Secretary from Ministry of MSME, Mahendra N Patel, Chairman, PMMAI and Uflex CMD Ashok Kumar Chaturvedi. The 5 day exhibition being held at IndiaExpo Centre in Greater Noida will conclude on March 04, 2019. Addressing the media at the inaugural ceremony, Ashok Chaturvedi, CMD of Uflex Ltd. emphasized on the importance of plastics and it’s recycling in India. He said that the only alternative available as of now for plastic is wood. However, with the kind of requirement that exists, wood will not be a viable solution as all trees will have to be cut resulting shaving the green off our planet. Read More

  Association of International Metallizers, Coaters & Laminators (AIMCAL) recognizes FlexFilms USA for three of its revolutionary BOPET films: 1. 2019 Technical Excellence for High Barrier BOPET film PET-F-HBP-M with superior gas barrier that offers high moisture and oxygen barrier for Food Packaging applications. 2. 2019 Product Excellence Award to metalized, ultra-thin and ultra-high yield BOPET film F-TBF-M-08, with high oxygen and moisture barrier properties which is applicable for metalised balloons. Read More

  March 04, 2019, Noida (India): Uflex Booth at IndiaPlast 2019 captivated the attention of exhibitors, customers and visitors by showcasing a mix of innovative launches and proven products from its various businesses. The 5 day exhibition held at IndiaExpo Centre in Greater Noida was inaugurated on Feb 28 2019 in the presence of Amitabh Kant, CEO, Niti Aayog and Ashok Chaturvedi, CMD, Uflex amongst other dignitaries and concluded today. Amongst the array of revolutionary products on display from Uflex, what became t plastic recycling machine india he centre of interest at IndiaExpo was a Live Demonstration of Uflex Recycling Machine at the Green Pavilion of PMMAI. The pavillion showed how Multi-layer Packaging (MLP) Waste is recycled into pellets through a fairly simple method. The subsequent process of pellets being manufactured into useful Industrial & Household Products was showcased simultaneously. Essential products manufactured from recycled pellets like benches, floor a...

March 07, 2019, New Delhi: Shri Suresh Prabhu, Hon’ble Minister for Commerce and Industries, Govt. of India along with Ashok Chaturvedi, CMD, Uflex Ltd inaugurated the 1st Global Conference on Plastic & Packaging today. The two day conference is the first ever forum for discussion on packaging & plastics being held at Vigyan Bhawan, New Delhi. Suresh Prabhu addressed the gathering and emphasised on the contribution of Packaging Industry in the global market. He said, “Packaging is the very first impression that a consumer gets about a product before seeing the content of the packet. It will play a key role in creating demand for other products as well.” Read More

  Noida, April 11, 2019: Upon completion of an extensive Occupational Health and Safety Evaluation, Chemicals Business of Uflex Limited a leading supplier of Inks, Adhesives and Specialty Coatings, successfully migrates to ISO 45001:2018. ISO 45001 is structurally an integration of other ISO Management Systems standards including ISO 9001:2015 and ISO 14001:2015 attained by the business earlier. Chemicals Business of Uflex was already in certified with BS OHSAS 18001:2007 certification and has now migrated to ISO 45001:2018. This certification further illustrates the commitment of Chemicals Business to continual growth, improving the health and safety of its employees, reducing occupational hazards and ensuring the best Quality Work Life. Read More

  Article Post: 17/04/2019 | Satnam Singh Correspondent, Plastics News Noida, India — As India continues to see calls for restrictions on plastics, companies at the recent Indiaplast show were trying to demonstrate more potential in recycling. India’s government announced March 6 it would ban imports of plastic waste, following similar moves by China and other Asian countries. According to Indian press accounts, the move extends what had been a partial ban. Previously, India had allowed scrap plastic imports into special economic zones and “exported-oriented units” that would use the scrap in their manufacturing operations. But the new ban prohibits that as well. At the opening ceremony of Indiaplast 2019, the head of India’s largest flexible packaging firm said the industry is trying to show that plastics are recyclable, amid the increasing government pressure. Prime Minister Narendra Modi’s government announced last year it intended to ban all single-use plastics by 2022. Read Mo...

  May 22, 2019, Noida (India): Uflex was declared winner for Excellence in Sustainable Packaging in the category of ‘Solid Dosage Forms’ for its pharma packaging innovation Alu-Au Laminates at the 4th Annual India Packaging Awards hosted by UBM India, held in Mumbai yesterday. India Packaging Awards are the first and only platform to acknowledge the best in Pharmaceutical Packaging Industry for their efforts, contributions, and innovations. Launched in 2016, the awards have been extremely successful in recognizing & honoring the leaders and companies who drive the industry to incredible heights. The award ceremony honoured the winners and their success journeys at an evening which was specifically dedicated to celebrate the glory of Indian pharmaceutical packaging industry. Excellence in Sustainable Packaging lauds initiatives that have led to development and manufacturing of eco-friendly and socially beneficial packaging. Read More

  27 May 2019, Noida, U.P (India): Uflex Ltd, India’s largest multinational Flexible Packaging Company, today has announced its earnings for the Quarter ended March 31, 2019 and Financial Year 2018-19. The consolidated net revenue for Q4FY18-19 rose to INR 2060.6cr as compared to INR 1818.8cr in the corresponding quarter last fiscal; while the company registered EBITDA growth of 13.4% at INR 260.1cr in Q4FY18-19. For full year 2018-19, the consolidated net revenue grew 18.5% to INR 7974.8cr and EBITDA increased by 11.6% to INR 1007.5cr. The full year consolidated PAT was marginally up by 1.07% at INR 313.8cr. In FY2018-19, the Films Business achieved highest ever production of 316923 MT. The improved financial performance has resulted in CRISIL assigning higher credit rating of ‘A’ to long-term debt of the company. The board has recommended a dividend payout of 20%, subject to shareholders’ approval. Read More

13 August 2019, Noida, U.P (India): Uflex Ltd, India’s largest multinational Flexible Packaging Company, today declared its earnings for the quarter ended June 30, 2019 and reported. The Consolidated Revenue grew by 3.6% to INR 1982 cr in Q1 and EBITDA rose by 8.7% to INR 277.3 cr Y-o-Y. On standalone basis, the revenue increased by 2.23% to INR 1051 crore and EBITDA jumped by 11.7% to INR 132.6 crore. The consolidated net profit dropped by 3.6% Y-o-Y to 90.7 crore for Q1 FY2019-20, due to higher tax provision. Talking about the earnings, Rajesh Bhatia, Group CFO at Uflex Limited Said, “This quarter while our Total Production volume was almost constant at 100814 MT Y-o-Y basis, Packaging production volume was up by 4.8% Y-o-Y to 21018 MT.” He continued, “To optimally use our film line capacity, we are shifting one of our BOPET Film manufacturing line from UAE to Russia, since the production from this line was already largely dedicated to markets in Russia & CIS countries. This will...

  13 November 2019, Noida: UFlex Ltd, India’s largest multinational flexible packaging company and a global player in polymer sciences, today declared its earnings for the quarter ended September 30, 2019 and its consolidated EBITDA for Q2 FY19-20 stood at INR 278.8 cr, showing an increase of 5.4% YoY basis while its consolidated net profit fell marginally by 1.8% YoY to INR 94 cr. The Total Production Volume during the quarter was 94218 MT as compared to 102442 MT during Sept 2018 quarter and Total Sales Volume for the quarter was 93951 MT as compared to 101081 MT in Sept 2018 quarter. Lower production and sales volume are attributed to closure of one BOPET line in Dubai as it is being shifted to Russia. The company reported consolidated net revenues of INR 1875.3 cr for second quarter of fiscal 2019-20, registering a drop of 7.2% on Y-o-Y basis. Talking about the earnings for the company, Rajesh Bhatia, Group CFO at UFlex Limited said, “Q2 FY2019-20 was a steady quarter and despi...

  February 13, 2020, Noida: UFlex Ltd., India’s largest multinational Flexible Packaging Company and a global player in polymer sciences, today declared its earnings for the quarter ended December 31, 2019. Consolidated EBITDA for Q3 FY19-20 stood at INR 276.4cr, showing a jump of 21.4% on a YoY basis while its consolidated net profit was up 56.7% YoY at INR 84.6 cr. The Total Production Volume during the quarter was 93161 metric tonnes (MT) as compared to 96876 MT during the December 2018 quarter, while Total Sales Volume for the quarter was 91842 MT vis-à-vis 94229 MT in the December 2018 quarter. The company reported consolidated net revenues of INR 1801cr for the third quarter of fiscal 2019-20, as compared to INR 1981cr in same period last year. Talking about the earnings for the company, Rajesh Bhatia, Global CFO, UFlex Ltd. said, “Q3 FY2019-20 was extremely exciting for us, from being ranked at 188 among India’s Fortune 500 to India Ratings upgrading us to IND ‘A’ ratings”....

  Noida, Uttar Pradesh, 28.05.2020: UFlex Ltd. India’s largest multinational Flexible Packaging Company and a global player in Polymer Sciences has recently developed a Personal Protective Equipment (PPE) Coverall ‘Flex Protect’ in joint collaboration with IIT-Delhi and INMAS, DRDO, Delhi. Flex Protect that comes with Four-layered Protection and Anti-microbial Coating has been approved by The Defence Research and Development Organisation (DRDO) for use by the front-line health workers who are fighting the battle against COVID-19. The protective coverall is made from a combination of Non-Woven Polypropylene Fabric and further impregnated with Anti-Microbial PP Coating through a special process to increase breathability. As compared to other PPE Kits, the Flex-Protect Coverall Standard is made of 70 GSM which makes it very comfortable and flexible, and fit to be worn for long hours as well. Read More

  Leveraging itself as the silent salesman, packaging speaks volume about a product. Soulful and purposeful packaging not only attracts customers but enables conversions. It helps the audience distinguish and recognise the product amongst the over-populated clutter and sets a standard for the brand in the eyes of its target audience. In India, the Packaging Industry has been constantly evolving to meet the changing needs of the customers. From the sole purpose of protecting the goods to an advanced role of a packaged advertisement, packaging as a marketing tool has progressed manifold. With the increasing penetration of brands in the e-commerce business, the Packaging Companies are continuously expanding and enhancing the technologies and techniques used to develop innovative pcakging. Read More

  The outbreak of Covid-19 has lowered the pace of the world economy. From global unrest to economic downfall, every country across the world has struggled throughout the year to implement contingency plans. Not just nations, even the common people developed a habit to adhere to safety protocols and have changed their lifestyle. Consumers didn’t just elevate their hygiene standards but also started to pick packed products and stay away from unpacked products. This strengthened the role of packaging with new trends in our daily lives. Packaging plays an important role in building a brand’s identity and in our daily life, but with changing times it is doing much more than that. The global pandemic has changed the way consumers engage with products. Online shopping has gained impetus as it limits the physical engagement of several consumers at the store. Packaging ensures the safety of the product and has marked much more important for itself than just an outer covering for the packed...

  With the second wave of COVID-19 pandemic hitting, online businesses are flourishing more than ever. More and more people are ordering products online and are becoming aware of new brands. This increased demand however also points at increased competition among brands. Apart from the product, what stands out these days is the packaging of the product. Packaging these days is more than just a box and is a gateway to building a good brand while ensuring safety and hygiene for the packed contents. With customers’ demand for safe, damage free and Sustainable Packaging, multi-layer and Asepto Packaging has become topic of deliberations. There are several advantages of such packaging techniques which are as under: 1. Longer Shelf Life of Products:-  Perishable products like vegetables, beverages etc. need packaging that does not cause damage or decay to the product before it reaches the customer. Multi-layer and Asepto Packaging involve packaging the product in sterile environment...